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Property Price Trends
Market Place, Diss
IP22 4WP South Norfolk District
What are the historical property price trends?
Explore the yearly trends in property prices for the IP22 postcode district in the UK. Stay informed and make smart real estate decisions based on the accurate, analysed data.
Property Price Trends
IP22
Most Expensive Property
£550,000
2 Saxon Meadow, IP22 1QT
Sold: 30 January 2023
Cheapest Property
£100,000
40 Wheatfields, IP22 1EN
Sold: 24 July 2023
£325,000
The average house price in South Norfolk was £325,000 in November 2024 (provisional), up 5.7% from November 2023. This was higher than the rise in the East of England (2.0%) over the same period.
£917
Private rents rose to an average of £917 in December 2024, an annual increase of 6.7% from £859 in December 2023. This was lower than the rise in the East of England (8.4%) over the year.
£271,000
The average price paid by first-time buyers was £271,000 in November 2024 (provisional). This was 7.1% higher than the average of £253,000 in November 2023 (revised).
£329,000
For homes bought with a mortgage, the average house price was £329,000 in November 2024 (provisional). This was 6.2% higher than the average of £309,000 in November 2023 (revised).
Data last updated: 17 Feb 2025. Data extracted from ONS housing prices/rents: inflation and price indices by local authority (South Norfolk, E07000149). Rent estimates are provisional, and are for the latest 2 months.
Local House Price Trends
Have property prices been rising or falling in IP22 4WP?
The graph below shows the five-year capital growth figures for properties for the IP22 postcode district. Figures show year-on-year capital growth and not accumulative growth over the five-year period.
Compare House Price Trends
Enter a postcode below to compare the property prices in IP22 with any other UK postcode:
Regional Property Analysis
What trends is the property market seeing in Norfolk?
For Homebuyers:
The property market in Norfolk is experiencing steady growth in house prices, with the average price of a property currently standing at £280,000. Popular areas for homebuyers include Norwich (NR1-NR7), which has seen an increase in demand due to its vibrant city life and excellent transport links. Other sought-after towns include King's Lynn (PE30-PE34) and Great Yarmouth (NR30-NR31).
For Renters:
Rent prices in Norfolk are also on the rise, with the average monthly rent for a property standing at £800. Areas such as Thetford (IP24) and Dereham (NR19) are popular among renters, offering a mix of affordable housing and good amenities. However, competition for rental properties is high, so renters should be prepared to act quickly when finding a suitable property.
For Investors:
Norfolk presents a promising opportunity for property investors, with rental yields averaging at around 4%. Areas such as Fakenham (NR21) and Attleborough (NR17) offer attractive investment opportunities due to their growing popularity among renters. Additionally, the demand for student accommodation in Norwich (NR2) makes it a lucrative option for buy-to-let investors. With the property market in Norfolk showing signs of growth, investors can expect a good return on their investment in the long term.
For Homebuyers:
The property market in Norfolk is experiencing steady growth in house prices, with the average price of a property currently standing at £280,000. Popular areas for homebuyers include Norwich (NR1-NR7), which has seen an increase in demand due to its vibrant city life and excellent transport links. Other sought-after towns include King's Lynn (PE30-PE34) and Great Yarmouth (NR30-NR31).
For Renters:
Rent prices in Norfolk are also on the rise, with the average monthly rent for a property standing at £800. Areas such as Thetford (IP24) and Dereham (NR19) are popular among renters, offering a mix of affordable housing and good amenities. However, competition for rental properties is high, so renters should be prepared to act quickly when finding a suitable property.
For Investors:
Norfolk presents a promising opportunity for property investors, with rental yields averaging at around 4%. Areas such as Fakenham (NR21) and Attleborough (NR17) offer attractive investment opportunities due to their growing popularity among renters. Additionally, the demand for student accommodation in Norwich (NR2) makes it a lucrative option for buy-to-let investors. With the property market in Norfolk showing signs of growth, investors can expect a good return on their investment in the long term.
Last updated on 30 Apr 2025. Property market analysis is based on official data, and interpreted using neural networks (machine learning model), and subject to our Terms and Conditions.
Yield for IP22 4WP
Estimated yield for property investors
5.82%
Yield
The estimated yield for the IP22 4WP postcode area is 5.82%, compared to the national average yield of 3.8%.
View yield analysisHouse price affordability
Use this graph to view the housing affordability ratio data, as well as median house prices and household earnings in England and Wales, from 1997-2024.
Property sales
What houses have been sold in IP22 4WP?
The recently sold properties table lists homes around IP22 4WP that have been recorded by HM Land Registry, and their sold prices.
Price paid information is not personal, but property-related information. All commercial transactions, sales that have not been lodged with HM Land Registry or sales that were not for full market value are excluded.
| Date | Price | Property Address | Property Type | Estate Type |
|---|---|---|---|---|
| 06 December 2023 | £220,000 | 15 Stanley Road, Diss, IP22 4BN | Detached | Freehold |
| 21 March 2024 | £410,000 | 11 Steggles Drive, Roydon, Diss, IP22 4FH | Detached | Freehold |
| 31 March 2023 | £215,000 | 9 Rose Terrace, Diss, IP22 4FY | Terraced | Freehold |
| 15 March 2024 | £196,000 | 13 Viscount Close, Diss, IP22 4GL | Terraced | Freehold |
| 18 December 2023 | £274,995 | 5 Viscount Close, Diss, IP22 4GL | Semi-Detached | Freehold |
| 01 November 2023 | £152,000 | 21 Victory Court, Diss, IP22 4GN | Flat/Maisonette | Leasehold |
| 12 January 2024 | £130,000 | 5 Ensign Way, Diss, IP22 4GP | Semi-Detached | Freehold |
| 08 December 2023 | £197,000 | 56 Victoria Road, Diss, IP22 4JE | Terraced | Freehold |
| 22 March 2024 | £250,000 | 89 Victoria Road, Diss, IP22 4JG | Terraced | Freehold |
| 04 August 2022 | £170,000 | Providence Court Flat 3 Denmark Street, Diss, IP22 4LJ | Flat/Maisonette | Leasehold |
| 20 February 2024 | £360,000 | 12 Croft Close, Diss, IP22 4NB | Detached | Freehold |
| 29 February 2024 | £200,000 | 14 Egremont Road, Diss, IP22 4NF | Terraced | Freehold |
| 15 March 2024 | £285,000 | 6 Masefield Road, Diss, IP22 4PX | Terraced | Freehold |
| 26 May 2023 | £215,000 | 75 Long Meadow Drive, Diss, IP22 4QS | Semi-Detached | Freehold |
| 12 February 2024 | £242,500 | 59 Harrier Way, Diss, IP22 4UL | Semi-Detached | Freehold |
Nearby sold properties | ||||
| 24 January 2024 | £330,000 | Stable Cottage Chapel Lane, Botesdale, Diss, IP22 1DT | Detached | Freehold |
| 24 July 2023 | £100,000 | 40 Wheatfields, Rickinghall, Diss, IP22 1EN | Semi-Detached | Freehold |
| 17 November 2023 | £255,000 | 14 Ryders Way, Rickinghall, Diss, IP22 1ER | Semi-Detached | Freehold |
| 20 November 2023 | £250,000 | 8 Basil Brown Close, Rickinghall, Diss, IP22 1EX | Semi-Detached | Freehold |
| 30 January 2023 | £550,000 | 2 Saxon Meadow, Wortham, Diss, IP22 1QT | Detached | Freehold |
| 11 November 2022 | £300,000 | 2 Orchard Gate, North Lopham, Diss, IP22 2FG | Semi-Detached | Freehold |
| 15 March 2024 | £470,000 | Magdalen House Redgrave Road, South Lopham, Diss, IP22 2HL | Detached | Freehold |
| 14 June 2023 | £265,000 | 5 Church Close, Hepworth, Diss, IP22 2QF | Detached | Freehold |
| 19 May 2017 | £281,000 | Manor Farm Barns Barn 3 Crown Green, Burston, Diss, IP22 5UD | Detached | Freehold |
Please note that house prices for properties sold in and around IP22 4WP during this period do not reflect current values of properties in this postcode area, they are the prices paid at the time of sale. Prices paid is property price data for single residential property sales in England and Wales, sold on the market at full market value, and lodged with the Land Registry for registration.
For more information about the statistical data sets contained on this page, visit https://www.gov.uk/government/statistical-data-sets.
Average monthly mortgage payments
Data on this page contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0. Property data and analysis from PropertyData.co.uk.
Statistical Data Sets
Statistics extracted are from the UK House Price Index, published each month from HM Land Registry, and broken down into Country, Region, and County level.
All content is available under the Open Government Licence v3.0, except where otherwise stated
